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Download Free sampleThe global Metallographic Cutting Machine market was valued at 97.85 Million USD in 2021 and will grow with a CAGR of 2.31% from 2021 to 2027, based on Research newly published report.
The prime objective of Metallographic Cutting Machine Market is to provide the insights on the post COVID-19 impact which will help market players in this field evaluate their business approaches. Also, Metallographic Cutting Machine Market covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).
Metallographic Cutting Machine is used for cutting the metallographic specimens with irregular shapes such as cylinder, polygon etc., so as to observe the metallographic and lithofacies structure of the material.Most metallographic samples need to be cut to the area of interest and for easy handling. Depending upon the material, the cutting operation can be done by abrasive cutting wheels (metals and metal matrix composites), or diamond cutting wheels (ceramics, electronics, biomaterials, minerals).
Global production of metallographic cutting machine was about 5603 units in 2015, and will reach to 5710 units in 2016. From 2011 to 2015, the annual growth rate was about 3.39%. The major producer located in EU and US, such as Struers, LECO, Buehler, ATM, Allied, METKON, Kemet and PRESI, these companies occupied above 70% market share. And the top three players occupied above 40% market share. Europe and North America are the largest consumption regions, occupied about 60% market share. Emerging markets are in a stage of rapid development, such as China, India etc. Metallographic cutting machine is mainly used in the laboratory and industrial field. In the future, the growth rate will be about 3.07%, and the production will reach to 6640 units in 2021.
Finally, although sales of metallographic cutting machine products bring a lot of opportunities, the study group recommends the new entrants who just have money but without technical advantage, raw materials advantage and downstream support, do not enter into the metallographic cutting machine field hastily.
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